In this episode of the "Properties to Profits" podcast, I'm diving deep into the world of "subject to" real estate deals — a creative way to purchase properties without taking on a new loan or putting down significant cash. I'll break down how you can acquire properties by taking over the seller's existing mortgage, why this strategy can be a game-changer when the seller has a great interest rate, and how it can help you build equity and cash flow from day one.

I'll also share my personal experiences, including a recent deal where we bought a property with just $5,100 out of pocket and are set to generate monthly rental income immediately. You'll learn the risks and challenges involved, including why transparency with sellers is crucial and how to handle potential pitfalls like the lender calling the loan due. Whether you're new to real estate or looking to expand your portfolio, this episode will equip you with valuable insights into the "subject to" strategy!

Timeline Summary:

[00:00] - Introduction

[00:21] - Introduction to the episode and the "subject to" strategy.

[01:05] - What is a "subject to" deal, and how does it work in real estate?

[01:46] - Real-life example: Acquiring a $300,000 house with a $90,000 mortgage.

[02:25] - Recent "subject to" acquisition with $70,000 in equity and $400 monthly cash flow.

[03:27] - Finding and structuring "subject to" deals, including ethical considerations.

[04:44] - Key risks involved in "subject to" deals and how to mitigate them.

[05:55] - Opportunities in wholesaling "subject to" deals and a call to action for listeners.

Closing Remark:

If you found value in today’s episode, please subscribe, rate, and share the "Properties to Profits" podcast with others who might benefit. Let’s keep turning properties into profits together! Stay tuned for more insightful episodes, and don’t forget to follow me on social media for the latest updates and tips.

In this episode of the Properties to Profits podcast, I dive into the transformative power of morning routines. I open up about my personal journey from battling anxiety and depression to achieving consistent success in my real estate business, all thanks to a disciplined morning regimen. I share the habits that have helped me build resilience, maintain high energy levels, and stay focused on my goals, even during tough times. Whether you're struggling to find motivation or looking to level up your productivity, this episode is packed with practical advice and actionable steps to help you create a powerful start to your day.

Tune in as I walk you through the specifics of my morning routine, including cold showers, reading, and workouts, and explain why these habits can be game-changers for anyone looking to overcome personal challenges and reach new heights in their business or personal life. If you've ever wondered how to turn a rough morning into a productive day, this episode is for you!

Timeline Summary:

[0:00] - Introduction [00:45] - Introduction to the power of morning routines [02:08] - The importance of discipline and habits [03:04] - Overcoming personal challenges with a structured morning routine [03:19] - The benefits of cold showers and ice baths [04:55] - The role of reading and mindset in daily success [05:09] - Incorporating exercise to boost energy and focus [06:25] - Encouragement to try these routines before opting for medication [07:17] - Final motivational message and call to action

Closing Remark:

Thank you for listening to this episode of "Properties to Profits." If you found value in today's discussion, please subscribe, share the podcast, and follow me on social media for more insights and tips. Let's keep turning properties into profits together!

In this episode of the "Properties to Profits" podcast, I dive into the frustrating yet common scenario of what to do when a seller stops communicating or "goes ghost." Drawing from personal experience, I share several strategies that have worked for me in the past, including simple text messages, certified letters, and even conducting wellness checks through local authorities. I also highlight the importance of not assuming the worst when sellers go quiet and discuss creative ways to reconnect and move forward with a deal. Tune in to learn practical tactics that can help you handle these situations like a pro and keep your real estate business moving forward!

[0:00] - Introduction [00:45] - What to do when a seller stops communicating [01:10] - Using text messages and certified letters to reconnect [02:10] - A surprising solution involving a wellness check by local authorities [03:00] - An amusing story of a 90-year-old seller and a “Do Not Disturb” mishap [04:22] - The importance of persistence and not assuming the worst [05:08] - How serving your seller’s needs can lead to profitable deals [06:18] - Recap of actionable steps to handle “ghosting” sellers

If you enjoyed this episode, please subscribe, rate, and share it with others who might benefit from these insights. Let's continue to turn properties into profits together! Don’t forget to follow me on social media for more tips and updates.